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Question

In which year BSE secured a trademark for its iconic building Phiroze Jeejeebhoy Towers at Dalal Street in Mumbai?

This question was previously asked in
SSC Stenographer 2018 Previous Year Paper (08-Feb-2019) (Shift 2)
The correct answer is

2018

Understanding the BSE and Phiroze Jeejeebhoy Towers Trademark

The question asks about the specific year when the Bombay Stock Exchange (BSE) secured a trademark for its prominent building, known as the Phiroze Jeejeebhoy Towers, located on Dalal Street in Mumbai. Securing a trademark for a building is a significant step, as it helps protect the identity and intellectual property associated with that physical location, especially for an institution as globally recognized as the BSE.

The Significance of Phiroze Jeejeebhoy Towers on Dalal Street

Phiroze Jeejeebhoy Towers is not just a building; it is a landmark synonymous with India's financial heart. Located on Dalal Street (meaning 'Broker Street'), it has been the operational hub of the Bombay Stock Exchange for many years. The building itself has become an iconic symbol representing the Indian stock market and its history.

Key points about the building:

  • It is located at Dalal Street, Mumbai.
  • It serves as the headquarters for the BSE (Bombay Stock Exchange).
  • Its name honors Phiroze Jeejeebhoy, a former Chairman of the BSE.
  • It is widely recognized as a symbol of India's financial sector.

Securing the Trademark for the BSE Building

Protecting valuable assets, including iconic locations, through intellectual property rights like trademarks is a common practice for large organizations. For the BSE, securing a trademark for the Phiroze Jeejeebhoy Towers reinforces its brand identity and prevents unauthorized use of the building's image or name in contexts that could mislead or dilute its brand.

The year the BSE secured this important trademark for the Phiroze Jeejeebhoy Towers was specifically 2018.

Let's look at the provided options in relation to this event:

Option Year Is this the year BSE trademarked Phiroze Jeejeebhoy Towers?
2011 No
2015 No
2000 No
2018 Yes

Based on the information, the BSE secured the trademark for its iconic building, Phiroze Jeejeebhoy Towers, in the year 2018.

Revision Table: Key Facts about BSE Building Trademark

Feature Detail
Building Name Phiroze Jeejeebhoy Towers
Location Dalal Street, Mumbai
Institution Housed BSE (Bombay Stock Exchange)
Action Taken Trademark Secured
Year of Trademark 2018

Additional Information on BSE and Trademarks

The BSE, established in 1875, is Asia's first stock exchange and one of the world's fastest stock exchanges. Over its long history, it has built a strong brand identity. Protecting elements of this identity, such as the name 'BSE', its logos, and significant physical assets like its headquarters building, is part of managing its brand and intellectual property portfolio.

Trademarks grant the owner exclusive rights to use the mark (in this case, associated with the building) in connection with certain goods or services, or to authorize others to use it. This helps in building and maintaining brand recognition and trust among investors and the public.

The Phiroze Jeejeebhoy Towers building itself became operational in 1980, significantly later than the exchange's founding, but it quickly became the central hub and visual representation of the BSE.

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